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Author Topic: Using Larger Time Frame DP's to Determine the Trend  (Read 2295 times)

John Matteson

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Using Larger Time Frame DP's to Determine the Trend
« on: August 13, 2013, 11:31:27 PM »
Hey gang,

Here is an example from today's ES 8/13 where the 15 min Decision Points are on the chart ahead of time.  You can see they captured the turning points very well all day.  This meant you wanted to be a seller early after the open until shortly after 10:00AM ET when the ES came into major 15 min DP support.  At this point, you want to be exiting shorts and looking for longs until about 1:30PM ET where price reached the next 15 min DP resistance level.